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Shipping Industry News
Agri Port is your go-to source for the latest local and global industry news relevant to the shipping and grain vessel loading industry. Stay up-to-date with current events, new regulations, best practices, and essential industry updates that impact your operations.
From
Mike Schuler
via
gCaptain
Trump’s Vietnam Deal Shows China Tariffs Won’t Fall Much Further
President Donald Trump’s new trade deal with Vietnam sends a clear signal about where US tariffs on Chinese goods might ultimately land, as talks between Washington and Beijing continue following their recent truce.
From
The Loadstar
via
gCaptain
Asia-Europe Container Rates Overtake Transpacific for First Time in 2025
By Gavin van Marle (The Loadstar) – For the first time since the beginning of this year it is now more expensive to ship a 40ft container from Asia to North...
From
Reuters
via
gCaptain
Chinese Captain in Baltic Sea Cable Damage Case Appears in Hong Kong Court
HONG KONG, July 4 (Reuters) – The captain of a Hong Kong-registered ship alleged to have damaged undersea cables in the Baltic Sea was assigned a lawyer in a Hong Kong court...
From
Malte Humpert
via
gCaptain
Trump Bill Secures $9 Billion for U.S. Arctic Surge, Six New Icebreakers to Counter Russian and Chinese Dominance
President Trump’s vast tax and spending bill has secured funds the U.S. Coast Guard has been searching for since the early 2010s. The “One Big Beautiful Bill Act” appropriates close to $9 billion for the expansion of the Coast Guard’s Arctic icebreaker fleet.
From
Reuters
via
gCaptain
Russian Navy Deputy Commander Lauded by Putin is Killed by Ukraine, Says Moscow
Major General Mikhail Gudkov, deputy head of the Russian Navy who was praised and promoted by President Vladimir Putin, has been killed in action, depriving Moscow of one of its most senior officers, the Russian military said on Thursday.
From
Mike Schuler
via
gCaptain
Asleep at the Helm: Fatigue Blamed in Prawn Boat Sinking
The UK Marine Accident Investigation Branch (MAIB) has published its investigation report into the November 2023 grounding and subsequent total loss of the prawn trawler Sustain (UL 45) at Loch Broom, Scotland....
From
Mike Schuler
via
gCaptain
NTSB Underscores Critical Role of Smoke Detectors After Fishing Vessel Fire and Sinking
The National Transportation Safety Board (NTSB) is highlighting the importance of properly placed smoke and fire detectors following its investigation of a September 2024 fire aboard the fishing vessel Tarka II near...
The APS Information Center
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From
Bill Allen
via
Barchart
Pure Hedge - Livestock and Grain
Cattle Break on a Rumor - Grains Sit and Watch
From
Mike Schuler
via
gCaptain
Container Shipping Industry Posts $9.9 Billion Q1 Profit as Red Sea Crisis Impact Wanes
The container shipping industry recorded a net profit of $9.9 billion in the first quarter of 2025, marking a significant decrease from previous quarters while still maintaining historically strong performance....
From
Mike Schuler
via
gCaptain
Three Injured in Engine Room Explosion Aboard Bulk Carrier in New Zealand
Three crew members were injured following an explosion or flashback while working on a boiler in the engine room of the Malta-registered bulk carrier M/V Olivia at South Port in...
From
Austin Schroeder
via
Barchart
Wheat Falling Lower on Tuesday
The wheat complex is posting losses out of the long weekend. Chicago SRW futures are down 13 to 14 cents as the market trades through midday. The Kansas City HRW contracts are facing losses of 14 to 15 so far on the Tuesday session. Minneapolis spring wheat futures are trading...
From
Austin Schroeder
via
Barchart
Soybeans Showing Slight Midday Strength
The soybean market posting fractional to 2 cent gains across most contracts on Tuesday. The cmdtyView Cash Bean price is up 3 cents to $10.14. Soymeal futures are 40 cents/ton higher on the day, with Soy Oil futures up 17 points. Weekly Export Inspections data tallied soybean shipments at just...
From
Austin Schroeder
via
Barchart
Corn Facing Midday Losses
Corn futures are down a penny in the nearby July contract, with others down 4 to 5 for new crop. Spillover pressure from wheat is weighing on the market. The front month CmdtyView national average Cash Corn price is down 3/4 cent at $4.32. Export Inspections data showed a total...
From
Mike Schuler
via
gCaptain
Trump Warns Putin “Playing with Fire”
In the wake of Russia’s largest aerial assault of the Ukraine war, U.S. President Donald Trump issued stark warnings to Vladimir Putin, saying the Russian leader has “gone absolutely CRAZY”...
From
Bloomberg
via
gCaptain
India Races to Contain Oil Spill From Sunken Containership MSC ELSA 3
Indian agencies detected an oil spill from a container ship that capsized off the coast of the southern state of Kerala early Sunday, triggering efforts to contain the environmental damage, the defense ministry said in a statement a day after the incident.
From
Mike Schuler
via
gCaptain
US-China Trade Tensions and Shadow Fleet Pose Growing Risks to Maritime Industry, Allianz Reports
Despite reaching record-low vessel losses in 2024, the maritime industry faces mounting challenges from geopolitical tensions and an expanding shadow fleet, according to Allianz Commercial’s latest Safety and Shipping Review....
From
Mike Schuler
via
gCaptain
IMO Charts Course for Zero Emissions, But Can Shipping Keep Up?
The International Maritime Organisation’s (IMO) ambitious new policy measures are set to transform the shipping industry’s approach to fuel consumption and emissions, though success hinges on proper incentivization and penalty...
From
Mike Schuler
via
gCaptain
Panama Tightens Ship-to-Ship Oil Transfer Rules in Bid to Combat Shadow Fleet Operations
Panama has implemented stringent new requirements for ship-to-ship (STS) oil transfer operations involving vessels under its flag, marking a significant step in its efforts to combat sanctions evasion and illicit...